Logistics firms enter last mile for IPO delivery, rev up for Rs 9,000 crore issues

Several logistics companies, including Skyways Air Services, CJ Darcl Logistics, Leap India, Caliber Mining & Logistics, Shiprocket, Horizon Industrial Parks and Yatayat Corporation India Ltd, have filed draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (Sebi). These companies are expected to raise approximately ₹8,000-9,000 crore over the next few quarters, driven by increasing demand from e-commerce, manufacturing, and infrastructure sectors. This surge in IPO activity reflects confidence in the logistics sector's growth potential, with companies seeking capital for expansion and improved balance sheets.